Amsterdam, the Netherlands - January 26, 2012 - EADS N.V. announces that its Board of Directors has designated Tom Enders to take over the role of CEO when Louis Gallois steps down at the end of his mandate. Concurrently, Arnaud Lagardčre will assume the role of Chairman of the Board presently held by Bodo Uebber.

EADS is a global leader in aerospace, defence and related services.
In 2010, the Group – comprising Airbus, Astrium, Cassidian and Eurocopter – generated revenues of€ 45.8 billion and employed a workforce of nearly 122,000.Courtesy of EADS

Amsterdam, the Netherlands - January 26, 2012

The EADS Board of Directors has met today for one of its regularly scheduled meetings in Amsterdam. During this meeting the following decisions have been taken:

Chairman and CEO

EADS N.V. announces that its Board of Directors has designated Tom Enders to take over the role of CEO when Louis Gallois steps down at the end of his mandate.

Airbus President and CEO Tom EndersEADS N.V. announces that its Board of Directors hasdesignated Tom Enders to take over the role of CEO when Louis Gallois steps down at the end of his mandate.
Photo courtesy of Airbus

Concurrently, Arnaud Lagardère will assume the role of Chairman of the Board presently held by Bodo Uebber.

The change-over was prepared diligently by the Board and results from the application of the succession process under the governance of EADS, which was updated in October 2007.

Arnaud Lagardère will assume the role of Chairman of the Board presently held by Bodo Uebber.
Photo courtesy of EADS

It will take place after the company’s Annual General Meeting (AGM) on 31 May, 2012.

These new mandates carry a five-year term.

Bodo Uebber, the Chairman of the Board.
Photo courtesy of EADS

Bodo Uebber, the Chairman of the Board, said:
“Today’s decisions mark a very important milestone in the development of EADS. Having clarity about the Board and management positions enables EADS to build a bright future for the long term on solid foundations. I am very pleased and proud with the overall composition of the Board of Directors and with the appointments to the management team, especially with its multi-national character. I know that my successor Arnaud Lagardère and all of us share the same strong interest and ambitions for EADS.”

Louis Gallois, born on 26 January 1944, is Chief Executive Officer of EADS.
Photo courtesy of EADS

EADS CEO Louis Gallois stated:
“The management is grateful that the Board has taken these wide-ranging decisions, in a dispassionate climate, and timely to facilitate a professional transition. Tom Enders not only has a wide range of experience across our businesses, but strong leadership skills and charisma with an established track record. I am sure that he will extend his vision for EADS in the best interest of all its stakeholders and in particular of the great community of employees working together across our nations.“

Sir John Parker, Chairman of the Remuneration and Nomination Committee.
Photo courtesy of EADS

Sir John Parker, Chairman of the Remuneration and Nomination Committee, concluded:
“It was with great satisfaction that through our succession planning process we have found such a wealth and breadth of talents inside EADS. We chose the right person for each of the open positions, to rise to the upcoming strategic challenges facing this Group, and maintain its hard earned leadership positions. It is regrettable that this generation of management could not yet incorporate female appointments, but I feel comforted that the next wave is showing some very promising prospective candidates for subsequent rounds of succession.“

EADS Stand at Dubai Airshow 2011
Photo courtesy of EADS

Other top management positions

Following the recommendations of the Remuneration and Nomination Committee, the Board also announces further evolutions of the management team effective 1 June, 2012:

• Fabrice Brégier will succeed Tom Enders and become CEO of Airbus, EADS' largest division, and Günter Butschek, presently Head of Operations of Airbus will be affected to the position of COO of Airbus.

• Harald Wilhelm will become Chief Financial Officer (CFO) of EADS, alongside his present role as CFO of Airbus, following the request of Hans Peter Ring to retire from the company and pursue other objectives. Hans Peter Ring will be preparing his successor for this transition over the next months, and will remain close to him as a senior advisor until the end of 2012.

• Thierry Baril will assume the role of Head of Human Resources (HR) for EADS; he will retain his duties as Head of Airbus HR together with his expanded responsibility. Jussi Itävuori leaves the company after ten years as Head of HR for EADS. He continues to represent EADS in the Board of Directors of Patria in Finland.

EADS Group Business Highlights 2011
Courtesy of EADStv

Board of Directors

As for the Board of Directors, most current Board members will stand for re-appointment, carrying the experience gained over the last five years into the new Board.

Dr. Thomas Enders, born on 21 December 1958, was appointed Airbus President and Chief Executive Officer in August 2007.

Tom Enders
Photo courtesy of EADS

Prior to assuming this position, he was Chief Executive Officer of EADS, a position he held since June 2005.

Since June 2006, he has been Chairman of the Airbus Shareholder Committee.

Mr. Enders began his professional career in 1982 as an assistant in the German Federal Parliament.

From 1985, he worked as a Research Associate at the Konrad Adenauer Foundation in St. Augustin, and subsequently at the German Council on Foreign Affairs in Bonn and at the International Institute for Strategic Studies in London.

From 1989 to 1991, he was a member of the Planning Staff of the German Ministry of Defence in Bonn.

In 1991, Tom Enders joined MBB/Dasa, holding various marketing positions before
becoming Corporate Secretary and Head of the Dasa Chairman's Office in 1995.

Later on, he served for more than three years as Director Corporate Development and Technology at Dasa.

Following the creation of EADS in 2000, Tom Enders was appointed CEO of the EADS
Defence and Security Systems Division.

He held this position until June 2005 when he was appointed CEO of EADS. He has been a Member of the EADS Executive Committee since 2000.

In April 2005, Enders was elected President of the German Aerospace Industries Association BDLI. In June 2005 he also took the chair of the Atlantik-Brücke e.V, a nonprofit organisation aimed at strengthening the transatlantic ties between Germany and the United States.

Tom Enders studied Economics, Political Science and History at the University of Bonn
and at the University of California in Los Angeles (UCLA).

In 1987 he received a doctorate in Political Science from the University of Bonn.

Mr. Enders is a Major (Reserve) in the German army.

Tom Enders was born in December 1958 in Neuschlade, Germany.

He is married and has four sons.

In his spare time he enjoys various kinds of sports including mountaineering, skiing and skydiving.